OGDEN — The Ogden City administration is proposing another redevelopment district in the heart of downtown.
The city’s Community and Economic Development department is in the process of determining how feasible it would be to redevelop portions of six blocks between 25th and 27th streets, from Washington Boulevard to Wall Avenue.
An Ogden City Council transmittal from the CED office says the area is in need of major improvement, beyond what can be provided by the private sector.
So the administration wants to designate the section a Community Reinvestment Area, specifically known as the “Continental CRA.” The designation means the city can use tax increment financing (which funnels new tax revenue back to projects in the area) to help fund a laundry list of redevelopment items.
Things like vacant building removal, the development of new housing units, public infrastructure improvements and the renovation of existing buildings are all on the list.
Located in the core of the city’s downtown, the administration says the area is ideal for mixed use development.
“It is believed that ... this section of the community can contribute greatly to the economic well-being of the city and improve the quality of life for citizens and visitors,” the transmittal reads.
According to city council documents, the old Wonder Bread/Hostess factory, the Weber County Jail, the Ogden Justice Court and the Salvation Army, Bank of Utah and American Linen buildings are listed as potential redevelopment sites.
The city has been eyeing the old Hostess factory for some time.
Late last year, the council amended the city’s 2018 budget to expedite its demolition. The city transferred $75,000 originally meant for an asbestos removal project at the Union Station.
The demolition project started Aug. 2.
City officials say razing the building is the initial step in a budding, large-scale mixed-use development project at the site, a project that would stretch between Lincoln and Grant avenues — from 26th Street to the alley immediately behind businesses on the south side of 25th Street — and would include space for condos, rental units and office buildings.
Early city estimates show the project could come with a $140 million price tag.
In addition to the fledgling Continental CRA, the city is currently working through another extensive downtown redevelopment venture called the Adams CRA.
The Adams project includes a 150-acre section of Ogden between 23rd and 28th streets from Washington Boulevard to Jefferson Avenue — an area that includes commercial retail and residential buildings, with a significant number of historic properties. There’s about $124 million in potential construction projects associated with the Adams CRA, including the renovation of several decades-old, vacant buildings.
A multi-step process must be completed before the city can establish the Continental CRA, which includes preparing a formal project plan for public review, consulting with the taxing entities that would be involved with the project and holding several public hearings.
The plan cannot be adopted if 51 percent or more of the property owners in the project area object to it. Council documents say the city does not plan to use eminent domain to acquire any properties.